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of sunnis staged mass protests against the shi-ite-led government. there were rallies in fallujah and ramadi, where protests already had erupted earlier this week. today, mosul, tikrit and samarra had demonstrations as well. protesters took to the streets waving flags and signs. they chanted slogans demanding fair treatment from the baghdad regime, and the release of sunni prisoners. shi-ite prime minister nouri al-maliki said the demonstrations were not acceptable. the government of china imposed tighter controls on internet usage today. now, china's 500 million web users will have to provide their real names when they register for internet service. and providers must delete any web content deemed illegal, and report it to authorities. leading writers and bloggers insisted it's a new way for china's communist leaders to censor their critics. >> ( translated ): since the internet came into china, the chinese government has been repeatedly imposing restrictive measures, such as shielding, blocking and banning. it has even spent billions of dollars to build a firewall against overseas sites.
. back in 2003, i got medicaid payments by the government to help the state's struggling with their medicaid costs. $20 billion will able to spread across the states to help them because they were unable to meet the rising costs. in 2017, they're going to have a larger share of the costs. we need that is taken care of. they did not know what the cost was. they put a number in as a place holder and it looked like i was doing something for my state when i wasn't. i was trying to get it for all the states. that is what happened. i wanted to get it knocked out -- if people wanted an opt out. the supreme court gave that. this got used against me as though i was trying to do something i should not have. i was not. the interesting thing is i was asked to do this by the nebraska governor. i did not get a thank you from another governor, who was from another state. >> during that time, you experienced the radio talk-show host circuit and the cable tv circuit. what was that time like and what do you think the echo chamber in american politics today does? >> it is a difficult thing
. the government gets the money from us. i do not see how they have the right to sit there and play politics with each other and try to make decisions that are going to just benefit them. maybe a small part of the population. this is the united states. we're supposed to be tried to help everybody. we cannot be scared of what is clear to happen to us when many people are barely able to meet their bills. they may have to be afraid of what is going to happen to them. what kind of government would do that to their people? they should try to make us feel calm. like we are really going to get something done. host: from crawford, indiana this morning. on twitter -- another tweet i want to read this morning -- jodi wrtes in -- we will be taking your calls all of this morning for this segment and the next segment on the "washington journal." we told you what was going on in the senate. here is "roll-call" newspaper and what is being prepped in the house today -- alan ota writes, the speaker made it clear -- that is what is going on in the house. let's go to charles on a republican line from maryland.
we are going to have to get eight bigger truck. that's what the government is trying to do. borrow the way out of debt. it is impossible . it never worked in the history of the world . dr. art's curve works every single time. >> we are up against the end of the show. we have kelly wright and healther childers. play us out in the new year or satted afternoon with your song all of the gold in california . thank you for watching and here is it larry gatlin. >> never was appropriate. ♪ all the gold in california. ♪ is in a bank in the middle of beverly hills in somebody else's name. >> a fox news alert. senate leaders now holding crucial fiscal cliff talks on capitol hill rushing to come up with a last ditch agreement to avoid deep spending cuts and year end tax hikes affecting the lives of every american, i'm kelly wright. >> i'm heather childers in for jamie colby. the 11th he hour scramble after a crucial meeting on friday, between president obama and the leaders of the house and senate and urged lawmakers to urge them to do whatever it takes to cut a deal. >> i'm modestly opti
originally called in response to set oralism in government, which i prefer -- secularism in government, which are for. a country which invites everyone into it, all religions and nationalities, must by definition be secular. any religious direction we choose is going to favor somebody, and i thought that is what we were trying to avoid. at least i thought that is what jefferson meant when he talked about religious freedoms. host: ok. caller: freedom from religion. host: when you go to vote in a presidential election or congressional election, what are the big factors in your decision? caller: usually economic. i did not consider -- i don't consider religion unless it interferes with some legislation. it plays a very little role in my life. host: would you call yourself unaffiliated religiously? caller: relatively i am an atheist. so, yes, i am unaffiliated. host: here is the "christian science monitor," their cover. the new face of faith. what is happening in new england, the countries most secular region, may have a future of american religion. traditional religions are seeing their ranks th
a denunciation of big government liberalism or big government programs. you can see his anti-communism is evolving, his cultural view is evolving. he has not yet gained or acquired the tax-cut philosophy which fit so nicely into his optimistic outlook of empowering individuals to determine their own lives. >> saturday night at 8:00 eastern, craig shirley on the political campaigns of ronald reagan, part of four days of american history tv, right through new year's day, on c- span3. >> you think of washington before the civil war. you think slavery was well entrenched. black people were miserable. that is not true at all. in washington, washington had about 30,000 people as a city. 12,000 of them were black. the majority free, no slaves. >> what led to the first race riots? jefferson morley recounts what happened, part of what today's through new year's day on c- span2's book tv. >> "washington journal" continues. host: damian paletta join us here at the table. thank you for joining us. this is the fourth time that congress has had a post- christmas lame duck session. what doe
the government can just let people build and build and build without some sort. of sort host: thank you. guest: you make a good point, but urban development in florida occupies 10% of the state. most of the -- most of the everglades is protected by state parks. if people want to protect more land, they could buy land and put it under conservation easily, but there is plenty of land available sphere without impacting the everglades in the awkward first. to say that we should confine people to 10% of the state, when you have one of the 3 or four most heavily populated states, means you are seeing newcomers are not welcome, existing renters can not buy houses, our children cannot buy houses. that is not the american dream, to stand in the way of our future. host: the book is entitled "american nightmare -- how government undermines the dream of homeownership. this is from drake cinders -- what land use restrictions would you approve of? guest: a buy support local homeowners imposing their own -- i would support local homeowners' imposing their own restrictions. this is how it works in houston, w
-span would have more programs dealing with all of the options that could lessen the burden on the government and the taxpayer for the medical costs. i believe that in medicare buy- in -- i have 10 years left to go until medicare. i pay $620 a month for my health care. that is a lot of money. i would give that to the government and would usn't use t $100 or $200 a year. host: that is an important issue. we will focus more as the affordable care act t kicks in. for the suggestion -- thank you for the suggestion. the deficit is close to $16.4 trillion. this is part of the debate we will see at the start of the new congress. the so-called fiscal cliff was coined by ben bernanke. the story from "roll call." "it could be reached over this weekend." were heard from the house rules committee chairman yesterday. they are taking steps in advance to extend these tax cuts. a deal could be on the floor today if there is an agreement. from "the washington times" this morning. "offers fly, but still no agreement" is the headline. mitch mcconnell bypassed senator reid to speak directly to the vice president
between 40 and $65,000 a year will have to pay an extra two grand to the government. gregg: coming up we'll talk with republican nick mulvaney whose house budget committee is obviously on the forefront of the fiscal talk. so we'll try to get the latest from him in just a moment. patti ann: meanwhile, gregg, we have new warnings from the treasury department that if a fiscal deal isn't reached our government will have to turn to extraordinary measures when the debt limit hits its ceiling. $16.4 trillion probably on monday. fox business network's stuart varney joins us now. hi, stu. you say this is the big story people aren't talking about? >> it is a sleeper issue, patti ann. on monday the government officially runs out of money and it can not borrow anymore. so it will have to shift all kind of cash around to make sure they can pay their bills and maybe they can do that for a couple of months. means you can kick the can, eight weeks be maybe, until the absolute crunch comes. there are consequences to this. it could be that america will be downgraded again. after all back in august of 2011
at this moment is not in effect. the french government and francois hollande says, it won't make any difference. we'll rewrite the law using new wording and we'll catch more people in the 75% tax rate net. heather: stuart varney, i know you have a lot of work to do today. it is a busy day financially. thank you. >> thank you. gregg: what will it mean if lawmakers fail to strike a deal? according to the tax policy center 90% of the americans would see a tax hike in 2013. 121 million people will be paying a whole lot more in payroll taxs. those are social security payroll taxs. families making between 40 and $65,000 a year will have to pay an extra two grand to the u.s. government. the more you make, boy, that number really accelerates. heather? heather: another devastating blow in the fiscal cliff crisis, this mess, will be to the military. $500 billion slashed from the pentagon budget that is raising serious concerns about our national security. chairman of the house armed services committee, california congressman, bruce mckeown will weigh in on the impact these cuts will v that is live in our
] to listen to your -- [inaudible] and translate your views to the hard work of government. your meeting today will be young people ato -- the opportunity to debate issues that -- [inaudible] it's a big thing. i wish you the latest -- [inaudible] i look forward to hearing your debates. thank you. [applause] >> thank you for reading that. that is a delight to have the prime minister's support. i now call to say some words to us, the leader of the house of commons. mr. andrew. [applause] >> thank you, mr. speaker. [applause] thank you, mr. speaker. members of the you'll parking lotment, i'm debated to -- that righted to welcome you for the fourth annual sitting. the sitting have become an accomplished part of the parking parliament calendar. -- they have become so well established. and leader of the house, i am the representative of the government to this house of commons. and of the house of commons to the government. but today i am pleased to be able to be here to representative both the government and the house with you the youth parliament. i know, what is said here today will be heard both
bit of fear into these people. it just shows the control the wealthy have over the government in both parties. host: more from "the washington post." they write -- back to the telephones. derrick from maryland on the line for democrats. your thoughts about the fiscal clause bill. caller: i think they will do a good deal if they can keep mitch mcconnell out of there. one of the things i really have a problem with, that is when thing i say democrats, let's get the ground game for 2014. republicansd of the at enter the house. let's take the house and just ran it all down their throats. host: we will move onto glen on the line for independents. caller: here is the problem that we have a. we have people that are working hard for the american people. we have a constitution. we have deviated from the constitution. host: who are the people working hard for the american people? caller: the american citizens. it takes two american citizens -- your mother and father have to be american citizens to be the president of the united states. we need to have a confirmation hearing. on the birth certifi
will govern more in the mode of his first two years when he was governor of massachusetts? they uniformly said they'd be disappointed and in fact labrador one of the stars of the tea party featured in my book said there would be an insurrection. people say we have been really boisterous. you have seen nothing yet. if president romney behaves like a conservative it's going to be the death of the republican party. >> i am just going to let that sit there for a second and let that sink right in. [laughter] let's come back to the leadership. i want to ask you specifically as individuals and as a threesome that way they do or do not work well together, boehner cantor and mccarthy. characterize each one in shorthand beginning with speaker boehner. >> john boehner is a washington lifer and was not the obvious choice to be leading this sort of tea party crafts. nonetheless you can see the tea party phenomenon for the trade -- freight train that it was an elected to be on the train rather than underneath it. speaker boehner campaigned heavily for a number of the tea party freshman andy also you know be
geithner. it could delay the tax filings. the government relies on august revenue to come in and it usually comes flooding in during march and april. people need to pay their taxes, but they don't know which tax rules will apply. host: the other deadline is the debt limit. here at $16.4 trillion. guest: >> the treasury department can stop funding federal pensions and do some other maneuvers, essentially to buy them another six weeks of time. we all at this last year. closer they get to that is when financial markets will start going crazy. the debates we are having now about tax and spending will likely be the same debates we are having six weeks from now. host: there's the u.s. debt clock. you can also see how much that is for individuals and what protection is moving ahead. our guest is damian paletta of the wall street journal. the covers finances and congress and the white house. his work is available online. from the senate floor yesterday, these comments by the senate democratic leader harry reid. [video clip] >> the speakership all members of the house back to washington today. he sh
." arnold, you have struck our hearts and minds. today, your government, your fellow citizens are going to strike the gold medal for you. congratulations. [applause] >> ladies and gentlemen, please remain seated for the unveiling and presentation of the congressional gold medal by members of united states congress. [applause] ladies and gentlemen, mr. arnold palmer. [applause] >> thank you. mr. speaker, members of congress, reverend clergy, ladies and gentlemen. this is not my first time, so bear with me a little bit. i prepare this wonderful occasion, and i thought about what a thrill it was last time i had the opportunity to address congress in these halls. that was in 1990. on the 100th anniversary of the birthday of president and general dwight eisenhower. i was fortunate enough to have had a warm and rewarding french ship -- friendship with the president, and the last of his years were wonderful. we enjoyed a little golf and a lot of fun. it was a great honor to be able to be with him, a great american. he was that. it was a pleasure for me to spend some time with him. i have had s
our government is trying to do with the bickering and tearing each other down, tearing the country down. why in the world can these supposedly intelligent groups of men and women not get together to work out for the best interest of all concerned, all 330 billion americans, what is the best course to take? just take it. none of this squabbling. get together, folks. let's have some harmony in warrington. that is what we need. we need more on selfishness. a lot less ulterior motives. no more 2000 page bills that no one can understand. we do not need more of that crap in washington. we need some representation. get your act together. >> we are going next to minneapolis, minnesota. john, welcome. >> all of this gridlock going on right now, what is clearly evident to me is that the republican party has pure interests in mind. they're willing to touch medicare and social security, but not their own salaries, no steps against their own party to take the needs of the american people. how can you act together with a party that works purely for their own interests. my question is -- what can
communications are looked at by the government. people want amendments. unfortunately congress once again is acting at the last minute trying to renew something about to expire and there is probably not the time to do revisions that are necessary. that's a problem here. harris: because critics want this to be revised as you just put it. the white house doesn't. it wants it to pass the way it is. a lot of people are in favor of it because it is helping to keep us safe since there is homegrown terror in the united states and we need to find it. i want to if which have the words put it up on the screen. kentucky senator rand paul had this to say on the senate floor yesterday. and what he was basically saying is that this interferes and disputes the power of the fourth amendment. and that it needs to be changed. again, dan, you say we may not see any changes to it because the deadline is tuesday? >> it is really important to note that even the supporters of renewing acknowledge there needs to be reform. there needs to be more oversight. we need to know more how the fisa court works. we want m
for anyone looking to become more familiar with how government works and the ins and outs of capitol hill. >> julie seger on c-span on verizon. c-span has been brought to you by your television provider as a public service. >> next, it is a global look at the economy with a speech by greek economist. among his many books, the economics professor recently minotaur" andobal natar we will show you as much as we can before the house gavels in at 2:00 p.m. eastern. [applause] >> ladies and gentlemen, france, -- friends, this is a singular honor to be a guest in this temple of civic life. thanks to all the good people for making this possible, to my publisher, the staff that are manning the barricades outside. my novel is debt crisis and the future of the world economy. i will be arguing that there is no such thing as a debt crisis. there is no debt crisis in the united states of america and europe, and there is no such thing as the debt crisis in my own country, which is nevertheless being consumed by debt. you know the joke about balloonist. the balloon has been blown off isrse, and at some p
coming in to the federal government and regresive in many ways and what it does is funds social security. so should we have even been tinkering with that in the first place? >> one tax cut that, you know, the democrats lobbying for and the republicans did not want because it's technically a stimulative effort. don't forget when it was enacted we were in the middle of a crisis. i think, you know, all sides would probably agree it helped and worked but it's probably time to go away so that's sort of, you know, it is the most immediate thing and i think that was inevitable anyway. the far greater concern is the bush tax cuts and what happens to them. >> you talk about the middle class shouldn't feel the pain here and everybody agrees with that but the working class, absolutely shouldn't have to pay for this and feel the pain but taking, getting rid of unemployment ben filths, talk about the price of milk going up and other things like that, that will have a huge impact on the working class, people that don't have savings dealing with losing $3,400 and can't deal with that at all and that's
, the government dealing with the serious questions, not the immediately pressing questions? >> how do we deal with it? $16 trillion debt, projected to go up to $20 trillion over the next 2 years, if you are washington can't deal with that. how do you solve that? can it be solved? what do we face if we get past the fiscal cliff in the next two days? have you that $16 trillion staring us in the face? >> eric, let's look for a silver lining in this fiscal cliff discussion. i think what we are hearing from the american public, loud and clear is that they don't want to pay any more taxes. they don't want to pay for the government they are getting that. leaves two choices. number 1, we continue to borrow money or reduce spending. we won't have the option to borrow forever. so we have to reduce spending. if the american people will get as fired up about reducing spending, we might have a chance to fix that. clearly, that message hasn't gotten through to the white house and to the senate. it is heard loud and clear in the house, but we control just the house. >> eric: how do you get that message acro
,000 a year would pay an extra two grand or so to the government. gregg: the big question, do lawmakers hope to get anything out of the last minute fiscal cliff talks or is it just for show? democratic congressman chris van hollen is the ranking member of the house budget committee. he will be joining us live coming up in the next hour what he really thinks is going on. patti ann: well the u.s. economy meanwhile could suffer yet another major blow. looming strikes at ports from next sass to boston are threatening to put thousands of americans out of work. with potential losses for u.s. businesses ranging in the billions. >> the port of baltimore is one of maryland's largest economic generators. any type of work action that may result in a suspension or stoppage of work would have an adverse effect. >> we handle more cars, we handle more farm and construction equipment than any other u.s. port. patti ann: we're learning that adverse effect could take a toll on the economy. fox business network's stuart varney has more for us on that this morning. good morning, stu. >> good morning, patti ann.
. if it cannot abe future that is 100% in accordance with its core beliefs and principles that's not governing. that's lobbing hand grenades. if you are only stabbeding on principle to appear taller, then you appear smaller, and the gop is shrinking daily before our eyes. if leadership casting vision, calling all your people to rise up, and we just watched what happened with lan b and speaker boehner trying to call his people to rise up, and you say his leadership really not in question unless paul ryan really wants it. do you think that people having these types of perspectives, like a mark mckinnan, that doesn't really ring true coming into the new year for speaker boehner. >> look, the problem for republicans and for moderate republicans like mark mckinnan is most of the people in the house are not of the mark mckinnan stripe. these are people who are from districts where they've won with 60% of the vote or more. the majority of them. the majority of their constituents don't want them to compromise on things that they find important like taxes. why someone like mitt romney winds up getting
brings. today, we gather in this hallowed temple to representative government dedicated to the enjoyment of life and its blessings by its citizens, to honor aung san suu kyi. we are honored by her presence and her heroic witness to the dignity of each person, most especially in her native land of burma. her story is known to all, her example among the greatest of our time, of all time. we ask that as we come together to honor her, you bless our gathering. may we all be emboldened to give of our life as she has done, to stand up for human freedom wherever it may be denied. and bless her most noble of causes. move the hearts of those who would deny freedom to her and to the people of burma. may our actions today add to the universal out cry for justice and freedom so that the blessings of life will burst forth for the citizens of aung san suu kyi's need of burma. -- native burma. god bless the nation of burma and bless the united states of america. amen. >> please be seated. >> ladies and gentlemen, the honorable joseph crowley, representative of the seventh district of new york. >> thank
this point, rahm emanuel i say the republican party steeply provided to turn this small government land and no government land. there is a truth that not far. i am told we are now at our time. i want mickey to come back with a few closing comments. a part of this but that hasn't gotten as much attention in season mention that i like the bromides we should ignore chapter, which i would reach of the political system will collect no, no. third party to the, no. budget amendment say no. term limits they say no and public financing of elections no. but then i have a whole bunch of things they say yes to and i propose we have an election between the shadow congress and the current congress and then we can see who wins. so let me invite everybody to do closing comments. >> just going down a couple of these. does this represent the republican party as a whole. as citizens just said no, but it does represent is who vote in primaries. so it's a matter of you can't he on the ballot. every state in the united states has a sore looser law from which means if you cluster primary come you can't appear
and scope of government in a way responsible to the voters of that midterm election. instead what we're almost certain to see is an expansion of government in the name of reintroducing it. we're likely to see much bigger government long term. we're not likely to deal with entitlement reforms as we need to do. as you suggest the president is pushing some short-term spending increases often in washington turn into long-term spending increases. gregg: but, steve, bill kristol, conservative, you know what, time to throw in the towel. you do not want to get blamed for raising taxes on 98% of americans. >> right. gregg: right? >> look, bill kristol is my boss and editor at "the weekly standard" and one of most handsome and well-regarded editors in the country as everybody knows. look, i think he was making what was, in effect a practical case. there are people who are making this case behind the scenes. you have seen, he said, get it over with. move beyond this. there are others saying absolutely not. republicans can't cave on the principle of raising tacks. i think interesting thing in wh
. but if the bill never arrives, what incentive do people have to stop spending? big government is great if you don't have to pay for it. well, now it's time to pay for the bill. maybe when the costs of the stimulus, the obamacare and exploding entitlements are finally deducted from their pay much checks americans will rediscover the virtue of smaller government." doesn't he have a point if we have expanded the size of government so much under president bush and president obama, isn't it time to see somebody pay higher taxes? >> well, the way to economic recovery and growth is not by raising tax rates on the very people that employ the workers you want to keep working. raising taxes is not going to provide the kind of growth that we need in the country to lift the people in the middle income and lower income brackets higher and to provide the capital that's necessary to invest in the markets to hire more people. that's why both senator schumer and i are committed to trying to resolve this cliff problem because -- yes, it would be a very difficult thing and if you want to go back into a recession an
down the deficit? if you are going to use it for more government spending we don't want a part of it. senator mcconnell on the republican side seemed to get frustrated because he felt like the democrats were slow walking the th, 18 hours without a response. mcconnell made a call to a well known senator, joe biden to see if he could help. >> we're willing to work with whoever can help. no single issue remains an impossible sticking point. a sticking point appears to be a willingness and interest or frankly the courage to close the deal. >> reporter: as senate aide says it was designed to try to jumpstart the talks and consequences of getting a tax increase is a huge concern. >> gregg: what went awry in these talks? >> you heard senator thune. a fiscal cliff deal is a new way calculating inflation that would lower social security payments. democrats say they would do it as part of much bigger deal but it was off the table for the smaller deal they are working on. so democrats called it a poison pill. >> at some point, negotiating process, it appears there are things that stopped us fro
-- it will not be any more government bonds because we will be out of the debt situation. we saw it on the horizon. when george w. bush became president, he decided to go back on rates across the board to the wealthiest to the middle to the poor and he put to ban all wars on a credit card and we are where we are -- to banwo isa credit card and here we are. we are coming out of the worst recession since the great depression. it has been difficult -- led by unfortunately some unscrupulous people on wall street who created a nightmare in the housing market. i remember saying to treasury secretary paulson, can you please explain the role of derivative ofs to me and what happened and how we got into this crisis? he put his head in his hands and he said, not now, i will talk to you later. that is not a very encouraging thing when the secretary of the treasury puts his head in his hands and says, i cannot explain it now. we are coming out of this difficult time and, guess what, we are doing much better. we had an election. it was pretty clear people want to see us reach a balance here. so, as i stand here, i k
's insistence that the wealthy pay more in taxes. >> the president's tax hook would only fund the government for eight days. americans deserve to know what is the president -- what does the president propose we do for the other 357 days of the year. >> reporter: president obama insists his plan on the table is fair and includes plenty of cuts to government spending. >> we just can't afford a politically self-inflicted wound to our economy. >> reporter: if sunday's negotiations don't pan out, the president said he's ready to propose his own scaled-back bill that would block tax increases for all but the wealthy. and preserve expiring unemployment benefits. with the deficit ticking ever higher, patience is wearing thin. >> for those of us who invest in the stock market, it's disgusting to watch them jockey around with our money. >> reporter: missing in all the last-minute negotiations is talk of the $1.2 trillion of mandatory spending cuts scheduled to go into affect today. tara mergener for cbs news, washington. >>> former president george h.w. bush is 88 years old and sent to the hospital la
to be something nefarious going on. i can't imagine a government official or agency justifying the use of false e-mail addresses there were actually dummy names being used. phony names. lisa jackson steps down inexplicably. the president gives a vague pat on the back and she goes out the door. always in this world of what would be like if it was a republican administration. from "fast and furious" to benghazi and now this. and yet the mainstream media likes to say, move along, nothing to see here. gregg: now we have a similar scandal and the epa. what you say? >> a libertarian think tank is alleging that this woman had a phony e-mail address. there is also the fact that almost all public agencies, there is a public e-mail address and an internal e-mail addresses they can communicate with each other. since it is a secret or phony e-mail address, and environmental protester -- he doesn't want to be pro-pipeline, give the administration and all these issues -- he is alleging that this one person used a false e-mail address, a phony name, and did some things falsely under that name. >> let's have som
a archaic 1947 law, unless the new bill is passed by december 31st, the government will be forced to buy vast quantities of milk at twice the wholesale rate. two bills are in congress. the senate passed one for $23 billion in savings. the house is looking to enact 35 billion. the sticking point the full house of representatives hasn't approved the bill. >> the farm bill is like this low hanging ornament on the congressional christmas tree that if they just embrace it, they can automatically come up with tens of billions of dollars in budget savings. and then they can figure out where else they need to cut spending after that. >> reporter: the secretary of agriculture tom vilsack has said his department is preparing a case the permanent law comes into effect. temporary solution is to attach a farm bill extension to the fiscal cliff legislation. harris? harris: is there anything besides milk we need to be aware of? are we looking potentially at higher prices among many farming commodities for example? >> reporter: yeah. it is not just the cows. it is the crops too. it is possibility the go
.s. government. deals of the government. lockheed martin, granted construction. grumed. saint jude medical. motorola, waste manage: these are companies that not only have big contracts with the government but employ a lot of people who should these contracts not be renewed to the extent they are right now. those employees could be facing an uncertain future. >> harris: wow, at a time when we're still trying to generate enough jobs to break even at the end of the month. >> that's right. >> harris: adam shapiro, thank you. three police officers recovering from a rampage that played out inside their police station. it happened in southern new jersey. they say a man police had arrested for domestic violence started shooting. >> while he was being processed, he got into a violent confrontation with the officers. he fired -- he obtained a firearm. he fired and struck three of the officers. >> harris: then those officers shot that man dead. david lee miller live in the newsroom. david lee, how did this guy get his hands on a gun inside a police station. >> harris, he was being processed at the t
by a full vote in congress before it can take effect. had a deal not been reached by tonight the government would have been forced to buy milk at inflated prices, raising the doss of milk and other dairy products for consumers could have been 8 bucks a gallon, believe it or not. heather: secretary of state hillary clinton is now hospitalized after doctors discovered a blood clot during a recent follow-up exam stemming from a concussion earlier this month. david lee miller is joining us live from our new york city newsroom with the very latest on her condition. >> reporter: officials have not released specific details about secretary clinton's glad clot. medical experts say the severe a steve the problem depends on the location of the clot. most risky are the rain. she is being treated by anti-could he ago ooh atlantas and will remain at new york's presbyterian hospital until tuesday to monitor her medication. this is not the first time that mrs. clinton had been treated for a blood clot she had one in the back of her right leg in 1988, she described it as the most serious medical condition
at a prompt manslaughter university that government is broken and we just should throw it out. given the deadlock in washington does he have a point? we'll see what history has to tell us and debate fair & balanced. rick: a fox news alert. we are 15 minutes away from hearing from president obama who is scheduled to speak on the on going negotiation toss try to avoid going over the so-called fiscal cliff. we got word the president is going to talk. we have been getting word over the last couple of phepbts about the framework for a possible deal that has been reached. this is a tentative deal. but it does not at this point involve any spending cuts. it puts off the sequestration, the mandatory cuts that were set to take place if no deal was reached by january 1st. it also includes tax increases, tax rate increases on some upper income brackets. again these are all tentative reports about a possible deal. the president set to speak at about 1:30pm eastern time and we'll carry it for you live right here. arthel: new controversy surrounding the bankruptcy filing by the city of stockton, c
the world. look at japan and europe. the japanese government is the glaring war on japanese citizens. it will create inflation. if the japanese citizens start to dump their bonds, they have been a bigger part then japan recently. that is a big problem for us. their euro has been quietly depreciating. if that goes out, that is a much bigger fiscal cliff. if the buyers of treasuries become sellers. liz: there are a lot of "if" in your discussion. the bond markets are still pretty -- nothing from the bottom vigilantes yet. you were a clinton advisor. you saw in the mid- 90s bond yields really spike higher. that is the issue. if we see the economy healing, bond yields could go up. investors say, wait a second, why invest for bond. >> that is the key issue. we have not seen interest rates spike for a simple reason. nobody has confidence in the economy. nobody believes we will have robust economic growth. we could be heading towards a recession. especially given the disappointing christmas sales. i am frankly skeptical about what will happen with our economy either way. i think we will go
the wealthy pay more in taxes. >> the president's tax hike would only fund the government for l days. americans deserve to know what does the president propose we do for the over 357 days of the year. sdmrsz -- >> president omaba insists his plan on the table is fair and includes plenty of cuts to government spending. >> we just afford a wound to our economy. >> if sunday's negotiations don't pan out the president says he's red to -- he's ready to propose his own scaled back bill that would preserve expiring unemployment benefits. >> with the deficit ticking higher -- >> it's disgusting. >> miss ing in all the last minute negotiations is talk of the 1.2 trillion in mandatory spending cuts scheduled to go into effect tuesday. >> the fiscal cliff count down is the big topic on this morning's fogs the morning -- face the nation. there's two big visitors. it starts right after this newscast at 8:30 on cbs 5. >>> plastic shopping bags may soon be the fast. >> the final 2 days for those bags in an entire bay area county. >> a 2012 close, a look back at some of the big stories in the usa.
. >>> the government from going over the flip, yet as the -- fiscal cliff, both republicans said they will not vote tonight. they will reconvene tomorrow morning. >> the vote on spending cuts and tax high school thaksd prevent the u.s. from going -- hike, from -- going over the fiscal cliff, still in the final hours. >> the house and senate convened for rare sunday sessions in hoping of bridging major impasses. >> conversations and discussions continue and we remain hopeful that'll get a breakthrough. >> we'll pass a minimalist bill so that we won't go over the cliff and then i think we have to go from there. >> on nbc's meet the press, president obama made a final pitch for his plan to preserve bush era tax cuts for welt healthy americans. >> a mijor sticking point continues to be -- major annual sticking point, the threshold has waiverd from $250,000 to as high as millionion dollar. the country doesn't have a tax revenue problem. t has a spending problem. john boehner issued a statement saying republicans have made every effort to make the balanced agreement that the president promised the americ
fiscal cliff deal. meantime, treasury warns the government will hit its legal borrowing limit by monday. it's thursday, december 27th, 2012 and "squawk box" begins right now. >>> good morning and welcome to "squawk box" here on cnbc. i'm andrew ross sorkin along with joe kernen. becky continues to have the day off today. our guest host today is bob broska. house speaker john boehner urging the senate to come up with a passable fiscal cliff solution. he's promising to at least consider any bill that the upper chamber produces. senate majority leader harry reid now expected to base any legislation on a bill passed earlier this year to continue tax breaks for households will incomes below $250,000. a senate bill would likely contain an extension of expiring unemployment benefits. and the other big news of the morning, treasury secretary tim geithner unveiling a plan to buy time under the debt ceiling. in a letter to congress, geithner saying that treasury is going to begin taking steps this week to delay hitting the government's 16$16.4 trillion borrowing limit. treasury will tak
the government down if you remember in 2011. they didn't care. the president compromised. we finally came up with a deal. when we came to the debt ceiling. and beginning to pay our bills. and continuing to pay our bills. they didn't really care. i think that's what they were set out to do. to close the government. we are in a season where we need to act. >> you, congressman -- >> on something concrete. >> i didn't mean to interrupt you there but it sounds like you think it's a deliberate attempt to take the economy, the government. >> yeah. 55. the tea party members. not john boehner. john boehner's allowed himself to be captured by the fellows. he is above and beyond that. i think he's basically trying to do the right thing but he can't get a vote out of his own party for his own legislation. who does he turn to? the president of the united states? more worried about getting a proposition from the president to turn down then what proposition is he talking about? i think the president has been more than willing to compromise and the democrats in the house of representatives. we need 30 votes
like contractors that have been contracting with the federal government to replace the shuttle? and could you comment on where the commercial space ports of the future will be located? >> well, for suborbital manned spaceflight, they can use any airport with a 12,000 foot runway. branson is considering doing it in an isolated place in new mexico. i tried to talk him into doing it in a place where there is an ocean and something worth looking. at any rate, his plan to put spaceports in five or six different countries, he wants to do one or you can let people see the northern lights during your space flight. so he has some really neat ideas about where it could be done. when you look at where funds are available for a space port, there is one planned in dubai. there is not one affordable enough to fly into orbit, so i suggest that we had better solve that problem and then think about what a space port would look like. >> your thoughts on using model aviation as a funnel for youth to get into aircraft engineering, because your friends at the faa are trying to lump us then with the
majority leader harry reid now saying that it appears that the government will miss the deadline for avoiding the fiscal cliff. so what will that mean, and how will america respond come january 1st? gregg: new developments in the investigation into the deadly connecticut school shooting. jenette sises have been asked to study the gunman's dna. what can they learn about it? gregg: severe weather alert. winter warnings in effect as a brutal storm is sweeping through the u.s. it brought massive amounts of snow and even tornados to parts of country and claimed at least 15 lives. illinois was no exception. major problems on the roads as snow and sleet pounded the area, forcing some businesses to remain closed. maria molina is keeping an eye on the storm from the extreme weather center. we're going to get the latest, top of the hour. >> new year's eve is fast approaching and for decade and decade the american people have watched the ball drop in times square. it is the countdown to midnight, the start of a new year. but this year, mr. president, the american people are waiting for the
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